REASONS TO GO LONG: > PINK ZONE 46 previous resistance can act as a very good support. >@ DAILY trendline so upwardtrend is still intact unless it breaks it.
We can enter @CMP with SL: 44 IF it breaks that level then we might see 36 33 levels.
hey i have 50CE positional, bought when stock price was 48.20...; it went upto 49.45 (didn't break intra day high). although i should've booked yesterday... but didn't. so what's your view for tomorrow? (for intra day purpose). as it's still bearish. and what's ur view on idfc first based on yesterday's trading session?
Bitcoin_Tracker
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@newbieintrading, If you observe daily chart 200 ema is exactly @50 level which is round no. so it has to break 50 .once 50 is breaked we might see a big rallly. purely news driven scrip you should have made position in cash
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newbieintrading
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yeah ...i saw that. actually i bought it for intraday purpose... and in last half it was gaining the momentum, but forgot to close the trade ... anyway ..thanks for the reply
aakashshah0007
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Is today's closing considered a good one ?
Bitcoin_Tracker
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@aakashshah0007, yes it recovered almost 5% from bottom good candle. but ill be waiting to break 50.
aakashshah0007
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@dhondgeamol,
According to midcaps and idfc first bank performance do u see 50 getting broken up with volumes in near term ?
Bitcoin_Tracker
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@aakashshah0007, antthing could happen im neutral ,purely news driven scripe,
aakashshah0007
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@dhondgeamol,
Sir what is ur call after today's session? Broke 44 once but closed above 44 , can we expect reversal or a good bounce back ?